Cost of Living in Chalco, NE

Population 10,625 · Nebraska · Data vintage 2023

78
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Chalco stay well under national norms: a median home value of $224,000 against median household incomes of $81,427 gives the city one of the more comfortable price-to-income ratios in Nebraska. An unemployment rate of 1.3% points to a labor market well on the tight side of the national distribution.

Located 7 miles southwest of Omaha, Chalco falls within that metro's commuting orbit. Housing prices track closely with Omaha's $230,000 median.

Cost Overview

Housing 74
Rent 84

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Chalco

The median home value in Chalco is $224,400 — 26% below the national median of $305,000. Median rent runs $1,103/month, 16% lower than the national median of $1,314/month. The median household income of $81,427/year is 9% higher than the US median of $74,580. The local unemployment rate is 1.3%, below the national average of 4.8%. Nebraska's top state income tax rate is 5.8% and the combined sales tax is 6.9%. Overall, Chalco has a cost of living index of 78 versus the US average of 100, meaning it is 22% less expensive.

🏠 Housing

Median Home Value
$224,400
26% below avg
Median Rent
$1,103/mo
16% below avg
Price-to-Rent Ratio
17.0x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$622
1 BR
$703
2 BR
$907
3 BR
$1,155
4 BR
$1,220
Owner-occupied 72.6%
Renter-occupied 27.4%

💰 Estimated Monthly Budget

Rent median rent
$1,103
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,717/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.9 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.6%

Commute Mode

Drove alone
85.7%
Carpooled
4.9%
Public transit
0.1%
Walked
0.3%
Work from home
8.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 6.9%
State rate 5.5%
Avg local rate 1.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$81,427
9% above avg
Per Capita Income
$39,727
Unemployment Rate
1.3%
72% below avg
Poverty Rate
5.6%
Labor Force Participation
78.8%

🎓 Education

Bachelor's degree+ 25.8%
Graduate degree 10.3%

👥 Demographics

Median Age 35.1
Male median age 35.8
Female median age 33.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
69.7%
Good air days/yr
152
Max AQI recorded
330
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Chalco, NE?

Chalco has a cost index of 78 (100 = national average). It is 22% below the national average.

What is average rent in Chalco, NE?

The median gross rent in Chalco is $1,103 per month based on 2023 Census data.

What is the average home price in Chalco?

The median home value in Chalco is $224,400 according to 2023 Census ACS data.

What is the median income in Chalco?

The median household income in Chalco is $81,427 per year (2023 ACS 5-year estimates).

What is the sales tax in Chalco, NE?

The combined state and local sales tax rate in Chalco is 6.9%. The Nebraska state income tax top rate is 5.8%.

Is Chalco, NE affordable?

Yes, Chalco is generally considered affordable, with a cost of living index of 78 — about 22% below the US national average of 100.

Chalco at a Glance

Population
10,625
Median Income
$81,427
Home Value
$224,400
Median Rent
$1,103/mo
Unemployment
1.3%
Sales Tax
6.9%
View all cities in Nebraska →
🗺️ County data for Nebraska

Explore county-level cost of living data

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